As traders, we can not certainly fight the odds of the market but we can take certain measures to minimise the losses.
Imo, the most important thing in trading is the trader’s mindset. Having the right mindset allows you to get emotionally and mentally prepared for...
To select a broker for demo trading, I look for the same qualities that I’ll be looking at while selecting a broker for live trading because demo...
Imo, loneliness is not the lack of friends or a company, it is within us which makes us feel that we lack something even if we have everything.
Money management and risk management are two different things. Money management allows you to use your funds sustainably. Whereas risk management...
I’d only suggest you look into the important elements for a successful trades and practice as much as you can.
If you ask beginners, the market volatility would be a con for them. But if you ask an experienced scalper, the same volatility would be an...
There will always be pros and cons of trading a particular category of currency pair. For instance, when you are trading majors, you may get tight...
Needless to mention, new traders should not take risks until they have practised well on a demo account. The market may seem to offer several...
I prefer Reuters, Money.cnn, Marketwatch and FXStreet for keeping a track of news related to finance.
Right! And traders choose among these markets based on their trading style. Traders who have less risk tolerance or no not like trading...
For me it was like evolving which was though a slow process but a powerful one. Starting with small accounts helps in developing a strong trading...
Lack of proper knowledge and control over emotions. Most of the traders panic when the market goes down which results in making impulsive selling...
Traders also prefer scalping as it offers many potential opportunities for trading whose profits can be amplified using leverage.
I scalp two pairs- EUR/USD and GBP/JPY. Mostly I prefer EUR/USD more than GBP/JPY.
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